SA broke out of consolidation to the downside. I entered a short position at $7.75 . This is essentially a mono burst setup to the short side. What I like about it is that the 10MA held... The 10 has tracked the move both to the upside and the down side really well. based on prior history a multi-week 15-20% move is possible if not likely.
Target 6.75- 7.05